Fri. Nov 22nd, 2024
Verve Moniepoint

By Modupe Gbadeyanka

Africa’s leading payment cards and digital tokens brand, Verve, has joined forces with a fast-rising digital bank, Moniepoint Microfinance Bank, to provide customers with cutting-edge financial solutions.

Recall that recently, Moniepoint announced its foray into the retail banking segment, issuing debt cards to its customers.

The financial technology (fintech) firm boasts over 1.5 million businesses using its terminals across Nigeria to serve 30 million banked Nigerians.

To pave the way for enhanced access to financial services for Nigerians and bridge the gap between traditional banking and modern fintech innovations, both parties are collaborating.

The partnership will give rise to the issuance of Moniepoint Verve Debit Card to customers to empower businesses and individual consumers.

The card is integrated with the Verve payment system, ensuring a frictionless experience for users across a wide network of businesses and service providers.

As Africa’s leading payment cards and digital tokens brand, Verve brings its legacy of secure and reliable transactions to this partnership. This alliance between Verve and Moniepoint Microfinance Bank is premised on a fusion of expertise, innovation, and customer-centric solutions.

It was gathered that this collaboration goes beyond mere cards and transactions, as it is about co-authoring a fresh and exciting chapter in the narrative of financial empowerment.

Collaboratively, Verve and Moniepoint are not only impacting the future of finance but also assuming a crucial responsibility in guaranteeing access to financial services.

“This collaboration epitomizes our mission to make financial services accessible to all Nigerians. The Moniepoint Verve Debit Card is a testament to the power of partnership in driving positive change and ensuring that cutting-edge financial solutions are within everyone’s reach,” the Managing Director of Verve International, Interswitch Group, Mr Vincent Ogbunude, stated.

With Verve’s expertise and Moniepoint Microfinance Bank’s vision, it is the new dawn of accessible and inclusive banking—one that holds the promise of transforming lives, bolstering businesses, and propelling Nigeria toward greater economic growth.

By Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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